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Insurance

Much has been written in the national press about levels of pay-out from insurance policies and; moreover, that premiums might rise for those serving in operational areas.

It is likely that much more will be written on the subject and MOD staffs are in discussion with underwriters; however, one thing is for sure, if you choose not to take out insurance, then there is no pay-out at all. Individuals will no doubt make their own choices but if you are considering taking out cover, the following sites may be useful to you:

Service Life Insurance an arrangement between MOD and Sterling Life; 

PAX insurance the linked page takes you to their downloadable brochure;

Forces Financial 

The sites listed are not in any ranked order and you can check out the strengths and merits of each before choosing. You may also want to seek the advice of your unit administrative staff.

Finally, before choosing a company, you can check the Services Insurance and Investment Advisory Panel (SIIAP) site where you can see which companies subscribe to SIIAP and are recognized by the MOD.

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